MAGRABI Retail to acquire Dubai Optical, expanding its presence its presence across the UAE
MAGRABI Retail, the Middle East’s largest eyewear retailer, today announced it has signed an agreement to acquire 100% of Dubai Optical, one of the UAE’s longest-established premium optical retailers. Completion of the transaction is subject to customary closing conditions, including obtaining merger control clearance from the Ministry of Economy of the United Arab Emirates. Founded in 1978,…
We haven't written up this one. Gulf News has the full story — the link below goes straight to it.
